Emailed the director about information on the activities and...

Emailed the director about information on the activities and this was his response: (Rob Brierley)

We are busy with Catherwood detailed pit design and mining proposal currently.We have had discussions with prospective miners and processors and all is going fine. Still waiting for a drill rig to recommence exploration. We have first callon a new RC rig that was supposed to be ready mid to late Feb. We know that the rig is in Perth being refitted for australian standards so it shouldn't be long.

Thanks for your interest.
Cheers,

Rob Brierley
Chairman and Chief Executive Officer
Carbine Resources Limited (ASX Code: CRB)

I am happy to hold, this will be producing in no time and can produce the goods at A$515/ounce, which makes Catherwood a very viable option. Once a small company like this can gain cash flow, its ability to exploit bigger resources is increased. Especially if the company already has a substantial area of land in the very prospective gold region in Kalgoorlie/Leonora.